Talent hiring

For the past 10 to 15 years, leading companies like Intel, IBM, Samsung Display, Nokia, and Microsoft have chosen Vietnam for software outsourcing. However, software developers in Vietnam had no idea about the products they were working on, such as their final use and who they were being made for. Therefore, this work did not add much value to the local industry. However, it laid the foundation for Vietnam’s IT industry to grow steadily and emerge as a regional tech hub. Some even dubbed it the Silicon Valley of Asia, with automation, artificial intelligence (AI), deep learning, and machine learning reaching deep into Vietnamese society. IT is now one of the hottest industries in Vietnam. Thanks to new government policies to attract more IT businesses, many start-up companies from America, Europe and Australia, and some from neighbouring countries such as Singapore have set up software development centres in Vietnam. This has led to a significant increase in demand for … [Read more...] about Technology’s working: Overseas Vietnamese talent drawn by Industry 4.0 demands

A recent salary survey by Talentnet shows that the retail, banking, and insurance sectors are the most likely to increase their headcount to support business expansions in 2019. Talentnet & Mercer announced its survey to 600 companies in Hanoi and Ho Chi Minh City With positive outlooks and ambitious plans ahead, 80 per cent of retail and financial firms in Vietnam are busy recruiting new staff members. According to the Talentnet & Mercer Salary Survey 2018, these industries are ranked among the top potential recruiters this year and the next. “Business conditions in Vietnam are very good in 2018 and 2019, with national GDP forecasted as high as 6.9 per cent. In general, most businesses in Vietnam will expend their business this year and next year,” said Hoa Nguyen, senior director of Human Capital Solutions Service. Salary is expected to increase at both foreign and domestic companies The results by Talentnet & Mercer are in line with another … [Read more...] about Survey: retail and financial firms most eager to hire in Vietnam

Nguyễn Quân. — Photo dantri.com.vn Former Minister of Science and Technology Nguyễn Quân speaks to Tiền Phong (Vanguard) about the need for policies to convince talented Vietnamese scientists living abroad to return home. What do you think about the knowledge and professional skills of Vietnamese scientists living abroad? Vietnamese scientists living abroad are generally well recognised by their friends near and far. For example, in the field of mathematics, Việt Nam has two world renowned professors, Ngô Bảo Châu and Vũ Hà Văn. In the field of physics, we have Professor Đàm Thanh Sơn, who has recently been awarded the Dirac prize. Many people have told me that we should nominate Professor Sơn as the first Vietnamese candidate for the Physics Nobel prize. Several years ago, when we visited Silicon Valley in the US and companies including Microsoft, Facebook, and Google, we were very happy … [Read more...] about Talented people need a good working environment

VietNamNet Bridge - Blockchain technology has become more popular and used in many industries, driving up demand for staff. A report shows that blockchain technology in Vietnam is used in many important business fields, including financial services (83 percent), supply chain (40 percent) and public services (30 percent). Some experts predict that Vietnam will become a ‘blockchain hub’ in the region in the time to come. Many banks, auditing firms and insurers are also planning to apply blockchain technology. To implement the plans, the companies will need high numbers of qualified engineers. This has triggered a race to train and attract talent for blockchain-based industries. According to TopDev, over 100 technology firms and 5,000 developers in Vietnam are developing technology products on the blockchain platform. As it was very difficult to recruit Vietnamese IT engineers, foreign invested enterprises in the industry had to employ specialists from … [Read more...] about The race is on to hire qualified staff for blockchain-based industries

Most Asian companies, including those doing business in Viet Nam, believe it is becoming increasingly difficult to recruit international talent though 40 per cent (75 per cent in Viet Nam) plan to increase their international headcount in the next 12 months, according to a new report. “How to attract and retain the right talent to grow your business internationally,” by London-based professional recruitment firm Robert Walters said the greatest challenges are due to the high salaries expected by applicants despite lacking the skills required. Adrien Bizouard, country manager, Robert Walters Viet Nam, said: “With this report, targeted at Asian companies looking to internationalise, we hope this serves as a strategic roadmap on how to equip Vietnamese businesses with the talent they need.” In Viet Nam, when asked “What are the top three reasons for leaving their previous Asian companies,” 57 per cent of the respondents indicated low transparency in … [Read more...] about How Vietnamese firms can keep international talent